) recently announced that Aquis Exchange Ltd. selected its London
data center (LD4) to set up its European stock exchange.
Financial details of the deal has been kept confidential.
The LD4 data center is situated within Equinix' London Slough
campus, which is capable of providing wide access to 30 European
market regions, along with 80 exchanges as well as trading
platforms. Apart from this, Aquis Exchange will be able to access
the Equinix Marketplace. Equinix marketplace allows customers to
segregate the potential customers and partners from a total
client base of around 4000.
Equinix has been winning deals at regular intervals. Apart
from deal wins, the collaborations have also ensured better
service and delivery for the customers, which in turn have
reduced its turnaround time.
Previously, Equinix delayed the completion of sales after
customers agreed to license cabinet space at one of its IBX
centers. Although the company is winning deals regularly, the
sales cycle has been postponed due to a delayed service renewal
The company has already achieved some business momentum and
has developed a huge network of customers within the IBX centers.
Direct interconnection with its aggregation of networks,
connecting majority of the world's Internet routes, which
ultimately helps the customers to increase the efficiency of
their IT infrastructure, remove some complexities of
administering and managing their infrastructure, while
significantly reducing costs.
This apart, using the Equinix Business Exchange significantly
reduce the cost of critical transit, peering and traffic exchange
operations by eliminating the costs of private peering or local
Apart from the delay in order renewals, the company is also
facing competitive threats from
) which raise our concern.
Equinix carries a Zacks Rank #3 (Hold). Investors can also
consider other stocks in the technology sector such as
), carrying a Zacks Rank #1 (Strong Buy), and
Western Digital Corp.
), carrying a Zacks Rank #2 (Buy).
EQUINIX INC (EQIX): Free Stock Analysis
SANDISK CORP (SNDK): Free Stock Analysis
AT&T INC (T): Free Stock Analysis Report
WESTERN DIGITAL (WDC): Free Stock Analysis
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